Swedish telco Telia Company has announced it has sold a 49% stake in its Swedish tower business to Brookfield and Alecta.
Telia Company is disposing of a 49% share in its tower business in Finland and Norway to private equity.
Telia Company has confirmed that talks are currently ongoing with Turkey Wealth Fund regarding a potential divestment of its indirect stake in Turkcell for around $530 million.
The European Commission has given its approval to Telia Company’s decision to license standalone OTT rights, in Sweden and Finland, to Discovery Networks.
The EU Monitoring Trustee charged with supervising Telia’s auction of streaming rights for its TV4 channels has told the telco it’s in breach of the terms set by the EU following the acquisition of Bonnier Broadcasting.
Telia has offered rival TV distributors ‘fair and reasonable’ access to its TV channels in an attempt to sweeten its deal to acquire Bonnier Broadcasting.
Telia has purchased the company behind Sweden’s TV4, C More and the Finnish MTV.
Telia Company has acquired Get and TDC Norway for a combined enterprise value of NOK21 billion (€2.2 billion) on a cash and debt free basis.